MARZETTI COMPANY/THE (MZTI) Technical Analysis
NASDAQ:MZTI • US5138471033
Current stock price
MZTI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MZTI. MZTI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MZTI is a bad performer in the overall market: 100% of all stocks are doing better.
- MZTI is one of the lesser performing stocks in the Food Products industry. 94% of 87 stocks in the same industry do better.
- In the last month MZTI has a been trading in the 124.25 - 146.86 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
MZTI Weekly and Daily overview Charts
MZTI Setup Rating and Analysis
The technical rating of MZTI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MZTI Support and Resistance Analysis
124.08
We can see 5 important resistance areas.
- A resistance zone ranging from 137.62 to 138.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @159.00 from a trend line in the daily time frame.
- Resistance @162.38 from a trend line in the weekly time frame.
- Resistance @169.41 from a horizontal line in the daily time frame.
- A resistance zone ranging from 172.45 to 174.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
MZTI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MZTI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MZTI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MZTI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MZTI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MZTI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MZTI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.45 | OVERSOLD | The low RSI value suggests MZTI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.14 | NEGATIVE | The MACD value suggests MZTI has a negative trend. |
| Stochastics (14,3) | 5.58 | OVERSOLD | The low Stochastics value suggests MZTI may be oversold. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for MZTI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.73 | POSITIVE | The high ADX value value for MZTI suggests a strong trend. |
MZTI Chart- and CandleStick Pattern Analysis
MZTI Technicals: Chart, Performance Metrics, Trend & Indicators
125.33
-1.83 (-1.44%)
MARZETTI COMPANY/THE / MZTI TA FAQ
What is the ChartMill technical rating of MARZETTI COMPANY/THE (MZTI) stock?
ChartMill assigns a technical rating of 0 / 10 to MZTI.
What is the current trend direction of MARZETTI COMPANY/THE (MZTI) stock?
The current trend direction for MARZETTI COMPANY/THE (MZTI) is Bearish.
Can you provide the RSI signal for MARZETTI COMPANY/THE?
MARZETTI COMPANY/THE (MZTI) has an RSI value of 26.4527. This indicates that the stock is currently oversold.
What is the MACD signal for MARZETTI COMPANY/THE (MZTI) stock?
The MACD indicator for MARZETTI COMPANY/THE (MZTI) has a value of -1.13511, indicating a bearish trend.
What is the buy/sell signal for MARZETTI COMPANY/THE (MZTI) stock?
The buy/sell signal for MARZETTI COMPANY/THE (MZTI) is sell as both the short term and long term trends are negative.